1630 NW Garrett DrBlue SpringsMO64015
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Blue Springs at 1630 NW Garrett Dr, Blue Springs, MO, 64015 listed at $192,000 pairs $1,854/mo rent with a $940/mo payment to leave $658/mo cash flow. Total monthly income runs $1,854/mo, and annual cash flow reaches $7,896/yr on $63,648 cash to close. Return on cash invested measures 32.31% in year one, and rental yield registers 11.59% at a $192,000 basis. Equity gained on principal adds $1,239/yr, and annual property appreciation at 5% supports $53,046 by year five. Five-year ROI tracks 169.43% and total cumulative return in cash totals $107,836. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,854/mo property income relative to a $940/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2006
1,612 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 64015, Blue Springs, MO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,181 (100%) |
| Owner Occupied HU | 9,311 (70.6%) |
| Renter Occupied HU | 3,302 (25.1%) |
| Vacant Housing Units | 568 ( 4.3%) |
| Median Home Value | $283,990 |
| Average Home Value | $312,095 |
Housing Distribution
Address Breakdown
Residential
13,233
Single Family
12,972
Multi-Family
261
Businesses
836
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Listed by: Lee Anderson • Weichert Realtors - Generations
Mls Name: Heartland MLS as distributed by MLS GRID
Mls ID: #2571612